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Harry Houdini is still one of the most recognizable names in the world.
And that's quite a feat, considering that the 91st anniversary of his death is coming up on Halloween.
I bring Mr. Houdini up today because when I look at our favorite "Pop & Drop" play – Columbia Sportswear Co. (Nasdaq: COLM) – I find an eerie similarity to this great "escapesman."
Houdini reached a certain level of notoriety with an escape act that included breaking out of handcuffs and jail cells all over the United States and Europe at the turn of the 20th century.
But when he upped the show-biz ante to death-defying feats submerged in diverse bodies of water like rivers and lakes to a massive, on-stage milk can, his fame and fortune as an escape artist became legendary.
The pinnacle of his escape acts involved the now-famous Chinese Water Torture Cell, where he was suspended by his feet and lowered upside-down into a glass cabinet that was locked and filled with water. The escape required him to hold his breath for more than three minutes. The performance was so daring and such a crowd-pleaser that it remained in his act until his death in 1926.
Houdini was known to possess an unusual amount of strength and flexibility combined with a masterful skill at lock picking that he used to achieve many of his escapes.
But to this day the exact method Houdini used to escape the infamous water torture cell remains a secret.
And that's where his famous exits and our profitable ones part company.
That's because I'm committed to teaching all 10-Minute Millionaires exactly how we make these profits.
And I gave you the key piece of information about our "Houdini-like" exit on Columbia back on the very first day we entered the trade.
Let's see how this little bit of magic happened…
About the Author
Nationally recognized technical trader. Background in engineering, system designs, and risk reduction. 26 years in the markets.